Make sure you have transferred your FLOW token to Blocto
Once FLOW token has been received, please click the link to Flow Staking page, you may also find the link on the "Discover" page of Blocto APP to stake the Flow on the Blocto.
Decide if you want your reward auto-restaked. Note that this feature is only available for custodial mode wallet users.
You're all set!
Once you see the screen above, your FLOW tokens have been successfully staked on the Blocto node!
After staking the FLOW tokens successfully, you can also:
Auto-restake your reward, compound your earnings:
Different from another staking options, you can turn on "Auto-restake" feature. This way, you don't have to restake the reward every week by yourself (Only available in custodial mode). You can see the current staking reward at the bottom.
Claim FLOW tokens at any time:
You can unstake and reclaim the staking tokens at any time. However, during the lockup period, you will not be able to transfer the amount you purchased from the community sale or auction.
Unstake FLOW tokens:
It takes 1-2 weeks to unstake FLOW if you have previously staked it. (This is the mechanism designed by Flow). The first status would be 'Unstake Requested' and after the 1st epoch it would be 'Unstaking' and after the 2nd epoch, you can claim your unstaked tokens.
Send, trade, and use FLOW tokens:
Through Blocto, you can transfer freely your token rewards to other wallets or exchanges.
DisclaimerThe above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.